The positive effects of open sourcing Gavin Hoffman In recent years open sourcing has begun to attract the attention of many economists and social scientists for two main reasons: the growing importance of the open source movement in the software industry and some of the features of open source development appear quite paradoxical to traditional economic reasoning or intellectual property rights. But what is the open source movement and how is it impacting on the software industry? How does
Premium Open source Free software
Julien Levesque June 17‚ 2010 MISM 2301 Sourcing Scenarios Case Questions Case 1: Outsourcing 1. Develop a table that captures the “pros” and “cons” of this corporate decision. Pros | Cons | Improved quality * Operational and management activities * Accurate record of transactions | Jeopardy of quality * Poor communication between suppliers * Testability * Qualifications of outsourcing company | Cost effective * Lowers cost service to the business |
Premium Management Outsourcing Employment
Incubator programs‚ Corporate Venture or cooperations. Since there is a lack of financial and human resources‚ SMEs have to create a balanced innovation portfolio and to invest in more than only one innovation activity (Dömötör‚ 2014‚ p.12). Digital sourcing is a model‚ which is built to help companies facing this problem (Hutchins & Campanini‚ 2014‚ p.189). It ensures the
Premium Management Strategic management Marketing
IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor Executive Summary Ingvar Kamprad founded IKEA in the early 1950s and served as CEO until 1986. By the mid-1990s the company was the world’s largest specialized furniture retailer. Kamprad broke the mold of the traditional furniture maker and went outside of the Swedish furniture cartel. He built relationships with outside suppliers and forged a unique business model featuring exhibition retail displays highlighting a broad range of functional
Premium IKEA Ingvar Kamprad Stichting INGKA Foundation
Ikea Global Sourcing Challenge: Indian Rugs and Child Labor IKEA and Marianne Barner are facing a very challenging issue. Because they were blind sided by the child labor issues with their supplier‚ they had to scramble to respond to the issues in a quick and appropriate manner. IKEA sent a legal team to Geneva to seek input and advice from the International Labor Organization on how to deal with the problem and to find out more about the child labor issues. They also hired a third party agent
Premium Social issues Sociology International Labour Organization
Mattel’s Chinese Sourcing Crisis of 2007 Regarding to this case study there are three parts involved‚ which are the Mattel Company and the Chinese manufacturer‚ the regulation party of Chinese authority and the governments of America and China. To each part it relates to one of the issues that involve in this case study. The first issue that was found in this case is the reputation crisis of Mattel worldwide and its sourcing failure. The failure of their partner of using over level lead paint
Premium Federal government of the United States China People's Republic of China
Global Sourcing Scenario In Indian Apparel Trade ‚ 90% of Buyers are from US and EU . These two giants had started sourcing from other developing Nations only from post 1970s . Till then they were sourcing domestically . Due to soaring domestic prices and demand for varied sewing skills ‚ buyers at US and UK started shifting to developing Nations. Evolution of Global Sourcing (Till Mid 1990s) Till First Half of Twntieth Century - US Retailers procured garments from their owned Factories
Premium International trade Southeast Asia Industrial Revolution
Ikea Global Sourcing Case Study Ama Achiaw Business Strategy Executive Summary IKEA is being forced to make a difficult decision after a German documentary maker announced the prevalence of children working at looms at Rangan Exports‚ a major supplier of the furniture company. Rangan Exports breached a supply contract with IKEA by allowing child labor in their factory. In previous years‚ IKEA has encountered problems with child labor and has worked diligently to educate themselves and respond
Premium Sweatshop Ingvar Kamprad IKEA
ABSTRACT The purpose of this paper is to use supply management as a tool in analysing the global sourcing processes and activities within two successful leading textile companies: Zara and Hennes and Mauritz (H&M). To describe their logistics and supply chain processes in order to understand how these two companies can add a good value to its customers‚ to its stakeholders and to its suppliers. Pressure for companies to create and deliver value to customers manifests itself in every stage of
Premium Supply chain management Logistics Management
COMPUTING NPV and IRR PCP Pj vs STATUS QUO STRYKER Case decrease in purchases from contract manufacturers less incremental Stryker manufacturing costs Operating income from project less architect and engineering fees pre-tax income less taxes at 36% After-tax income add back Building depreciation add back Equipment depreciation add back It & other equipment depreciation Subtotal plus NCW Savings Subtotal Cash Flow Terminal Value‚ at book value Hurdle rate Discount factor at 15% PV of Cash Flows Sum
Premium Generally Accepted Accounting Principles Investment Internal rate of return